September 19, 2011

Class Warfare

Paul D. Ryan, chairman of the House Budget Committee said on Fox News Sunday the President's proposal to cut the deficit would add “further instability to our system, more uncertainty, and it punishes job creation.”“Class warfare,” he said, “may make for really good politics, but it makes for rotten economics.”

Class Warfare started over 25 years ago by looking the other way and not enforcing anti-trust laws,; thus allowing oligopolies to be created. The war escalated as these oligopolies bribed our politicians with "contributions". Therefore, Paul Ryan must be in favor of busting up oligopolies and outlawing campaign contributions by unions and corporations.

Mr. Ryan is part of the ruling class and likes it.

Class warfare started 25-years ago when the government adopted a Don't Ask! Don't Tell Economic Plan. (http://bit.ly/rqMXPD)Class warfare started when Wall Street, banks and other oligopolies used their concentrated power to buy off politicians, take control of key industries and cause the melt down of the economy by the creation of the sub-prime mortgage market. All of this caused the huge disparity of family income that has overtaken this country in the last 25-years. Class warfare became more obvious when over 9% of Americans became unemployed because of this greed and inaction by government.

This is going to change only when campaign bribes in the form of corporate and union contributions are banned and when large multinational companies and oligopolies are prevented from controlling major markets. It will take a constitutional amendment to get rid of the bribes and enforcement of anti trust laws to get rid of the oligopolies.